shri gang industries announced its standalone un-audited financial results for the quarter ended June 30, 2026, during a Board of Directors meeting held on August 06, 2026. The meeting, which commenced at 03:00 P.M. and concluded at 3:55 P.M., also saw the appointment of M/s Mohan Gupta & Co., Chartered Accountants, as the company’s Internal Auditor for the financial year 2026-2027. These decisions were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial results were recommended by the Audit Committee and subsequently approved by the Board. Pursuant to Regulation 33 of the SEBI Listing Regulations, the company enclosed the standalone un-audited financial results along with the limited review report issued by the Statutory Auditors of the Company. The disclosure was made in compliance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Internal Auditor Appointment

The Board appointed M/s Mohan Gupta & Co., Chartered Accountants, as the Internal Auditor for a term of one year for the financial year 2026-2027. The appointment was effective from August 06, 2026, with terms decided mutually between the auditor and the company. The firm, established in 1986, provides Assurance & Advisory, Tax & Regulatory, and Risk Advisory services. There are no disclosed relationships between the directors and the appointed firm.

Kanishka Jain, Company Secretary and Compliance Officer, signed the disclosure letter addressed to BSE Limited.

Shri Gang Industries reported a standalone net profit of ₹2.06 crore for the quarter ended June 30, 2026, marking a significant 115% year-on-year increase from ₹95.71 lakh recorded in Q1FY26. The company’s revenue from operations grew by 31.2% to ₹112.21 crore, up from ₹85.54 crore in the same period last year, reflecting robust demand in its core liquor business. This performance highlights the resilience of its primary revenue stream and improved operational leverage amidst broader market dynamics.

The Board of Directors approved the unaudited financial results on August 06, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subsequently limited-reviewed by Pawan Shubham & Co., Chartered Accountants, the statutory auditors. Additionally, the Board appointed M/s Mohan Gupta & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-2027.

Financial Performance Highlights

The company’s total income stood at ₹112.66 crore, compared to ₹85.68 crore in Q1FY26. While revenue surged, total expenses also increased to ₹109.85 crore from ₹84.49 crore in the prior year period, largely due to higher cost of materials consumed and excise duties associated with increased sales volume.

Segment-Wise Analysis

The Liquor Operations segment remained the dominant contributor to both revenue and profitability. Segment revenue from liquor operations reached ₹112.18 crore, up from ₹85.54 crore in Q1FY26. The segment generated a result of ₹509.32 lakh, compared to ₹384.55 lakh in the previous year. In contrast, the Edible Oils operations continued to incur losses, with a segment result of (₹20.95 lakh), slightly worse than the (₹26.56 lakh) loss reported in Q1FY26.

What the Numbers Show

The disproportionate rise in net profit relative to revenue growth indicates improved operational leverage or cost management efficiency in the high-margin liquor segment. While total expenses grew at a similar pace to revenue (30% vs 31%), the absolute margin expansion suggests that fixed costs were spread over a larger sales base. The persistent losses in the edible oils division highlight a structural challenge in that segment, which continues to drag down overall group profitability despite the strength in the liquor business.

Governance and Compliance

The financial statements were prepared in accordance with Ind AS 34 "Interim Financial Reporting" and other generally accepted accounting principles in India. The company disclosed that it has two business segments: Edible Oil Operations and Liquor Operations. No exceptional items were reported during the quarter. The paid-up equity share capital stands at ₹212.39 crore, with a face value of ₹10 per share.